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Trudeau Trucker Crackdown Has Banks Guessing on Enforcement

  • Lenders have questions on indemnification, account eligibility
  • Bank CEOs have held two calls with government officials
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Canada's Trudeau Invokes Emergency Powers to End Trucker Protests
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A day after Prime Minister Justin Trudeau invoked emergency powers to choke off funding to protests against Covid-19 restrictions, Canada’s banks were still waiting Tuesday for details on how they’re supposed to enforce the government’s orders.

Finance Minister Chrystia Freeland said Monday that banks would be required to report relationships with people involved in blockades and would be given the authority to freeze accounts without a court order, among other measures.